earnings
confidence high
sentiment positive
materiality 0.80
Medpace Q2 revenue $469.4M (+27% YoY), EPS $2.35 (+62%); raises FY 2023 guidance
Medpace Holdings, Inc.
2023-Q2 EPS reported
$4.20
revenue$894,942,000
- Revenue $469.4M (+27.4% YoY), net income $75.6M (+62.5%), diluted EPS $2.35.
- Backlog $2.8B (+18.7%); net new business awards $502.3M (+8.3%).
- FY 2023 guidance raised: revenue $1.765B-$1.795B, EPS $8.60-$8.97.
- Operating cash flow $120.4M, free cash flow $110.3M in H1; $465M cash, no debt.